Hammerson (OTCMKTS:HMSNF) Downgraded to Hold at Zacks Investment Research

Zacks Investment Research lowered shares of Hammerson (OTCMKTS:HMSNF) from a buy rating to a hold rating in a research report report published on Friday morning, Zacks.com reports.

According to Zacks, “Hammerson plc is a real estate investment trust. The company’s portfolio includes commercial buildings, offices and shopping centers. It operates primarily in United Kingdom, Germany and France. Hammerson plc is based in London, the United Kingdom. “

Several other equities research analysts have also recently commented on the company. UBS Group reissued a sell rating on shares of Hammerson in a research note on Thursday, July 22nd. HSBC raised Hammerson from a reduce rating to a hold rating in a research note on Thursday, July 15th. Five investment analysts have rated the stock with a sell rating, seven have given a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of Hold and a consensus target price of $0.50.

Shares of OTCMKTS HMSNF opened at $0.46 on Friday. The business has a 50 day simple moving average of $0.49 and a 200 day simple moving average of $0.51. Hammerson has a 52 week low of $0.19 and a 52 week high of $0.63. The company has a debt-to-equity ratio of 0.73, a current ratio of 3.70 and a quick ratio of 1.71.

Hammerson Company Profile

Hammerson Plc engages in the investment, development, and management of shopping centers, retail parks, and offices. It operates through the following geographical segments: United Kingdom, France, and Ireland. The United Kingdom segment consists of shopping centers, retail parks, and other. The France segment involves in the development activities.

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Analyst Recommendations for Hammerson (OTCMKTS:HMSNF)

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